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Author Topic: BNB will remain valuable for a long time  (Read 2218 times)
MCDev
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April 17, 2021, 02:09:11 AM
 #81

At the moment a lot of people are investing in BNB and this coin has brought them a large profit.
BNB developers are very knowledgeable about the market and they know how to please investors, BNB will be ETH's biggest competitor in the next time.


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April 17, 2021, 02:31:54 AM
 #82

Yes, right. I also have the same opinion about what will happen to the BNB coin in the future if we look at the rapid development that is happening today. And it could be if BNB will beat the domination of Eth as the current number two coin

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April 17, 2021, 02:42:05 AM
 #83

At the moment a lot of people are investing in BNB and this coin has brought them a large profit.
BNB developers are very knowledgeable about the market and they know how to please investors, BNB will be ETH's biggest competitor in the next time.
someday we will see how BNB will align with ETH. just look forward to it, it will definitely happen.
if you have a current BNB. so I suggest holding it in the long run.
trust me it will not drown your money. The most important thing is that you don't panic when you see a rising or falling market. it will interfere with your investment planning.


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April 17, 2021, 03:42:25 PM
 #84

At the moment a lot of people are investing in BNB and this coin has brought them a large profit.
BNB developers are very knowledgeable about the market and they know how to please investors, BNB will be ETH's biggest competitor in the next time.
someday we will see how BNB will align with ETH. just look forward to it, it will definitely happen.
if you have a current BNB. so I suggest holding it in the long run.
trust me it will not drown your money. The most important thing is that you don't panic when you see a rising or falling market. it will interfere with your investment planning.
Many prediction make BNB is the next ethereum, I believe one day BNB potential going to higher price but little chance could be the same price with ethereum, just one year ethereum raise more than above $2k and keep close with $3k right now, still far price between BNB and ethereum where BNB under $600 and ETH raise above $2800 right now.

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imstillthebest
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April 17, 2021, 04:14:39 PM
 #85

Quote
lot of people might argue that BNB is not a fully decentralized coin, i think it is worth noting that a lot of users dont care much for how decentralized  a coin or token is, they just want the solutions they it offers.
not partial decentralize but binance is centralized and why its not important ?
why are many people quit using fiats and simillar government controlled payment systems ? because they all they want is decentralization .
its a big factor to some and they cant fully decide if they will leave eth for binance . dont be confident that binance will be valueable for a long time because eth dont stop working to fix their problem .
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April 17, 2021, 04:20:58 PM
 #86

Quote
lot of people might argue that BNB is not a fully decentralized coin, i think it is worth noting that a lot of users dont care much for how decentralized  a coin or token is, they just want the solutions they it offers.
not partial decentralize but binance is centralized and why its not important ?
why are many people quit using fiats and simillar government controlled payment systems ? because they all they want is decentralization .
its a big factor to some and they cant fully decide if they will leave eth for binance . dont be confident that binance will be valueable for a long time because eth dont stop working to fix their problem .

Majority of those investors are aiming to feel more secure, with how binance provide good services there are more developers, traders and investors who shows support to this coin, But yes, you are correct in terms of updates ETH will not just sit there and look without doing anything.

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April 17, 2021, 04:22:56 PM
 #87

Yes, no argument about that. I can say that binance is the people's choice exchange/coin right now because of its great and efficient features and data. In fact, many people are eyeing binance since it has a lot of plans and activities in the future that makes it more valuable in the market. I can say that a lot of people will get rich because of binance

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April 17, 2021, 04:53:45 PM
 #88

I dont think bnb can survive the bear market, because it have not going through bear market. Especially if this pump is an artificial pump and not the real pump by the strong hand. If coin want survive it needs strong hand and believer in bear market.
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April 17, 2021, 05:13:26 PM
 #89

BNB in the next year is certainly still valuable and will actually increase. As we know, the success of the Launchpad Program, which has attracted investors to hold BNB until now,
has certainly made many people do research. In addition, the Binance Smart Chain, of course, more and more projects will use the Blockchain. It can be seen that the current data is showing quite a good thing

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April 17, 2021, 05:52:15 PM
 #90


with the long supply decreasing due to burn I think BNB will continue to grow in a better direction maybe BNB will follow the old generation like ETH because in addition to compatible BNB can also be used by many people because the cost is not too expensive so small traders can feel its usefulness

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April 17, 2021, 05:57:53 PM
 #91

While BNB appeals to the wider crypto users because the binance smartchain currently seem to have overcome the biggest issue that most cryptocurrency users have with bitcoin ethereum and the ERC 20 blockchain tokens. This problem is the speed of transaction and and the cost of transactions.
This is a problem  that BSC currently solves, and while a lot of people might argue that BNB is not a fully decentralized coin, i think it is worth noting that a lot of users dont care much for how decentralized  a coin or token is, they just want the solutions they it offers.
This is why i think BNB an the BSC will remain very valuable in years to come

Maybe small investors do not care if the chain is centralized or not, but the long term investors will never invest all funds in a centralized exchange. In the short term Binance smart chain may be a good solution but in the long term, no one can beat ethereum when it comes to decentralization and safety.









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April 17, 2021, 07:15:10 PM
 #92

BNB in the next year is certainly still valuable and will actually increase. As we know, the success of the Launchpad Program, which has attracted investors to hold BNB until now,
has certainly made many people do research. In addition, the Binance Smart Chain, of course, more and more projects will use the Blockchain. It can be seen that the current data is showing quite a good thing
Launchpad program not only helped the investors to get better projects, but it also helped project creators to get money and build those projects as well. This is why I think it is crucially important, it is really doing a great service to pay the right people to build the right things and that is why it has been so great so far.

There is really nothing that would be similar in any other place, all those ERC20 tokens and all usually gets made by people without help from anywhere else. Obviously this is because BNB is a centralized coin, and it is owned by Binance, it is not decentralized like ETH, but the truth be told eth foundation works on something and it gets done, look at how we are going towards eth 2.0 right now, they wanted it, we are getting it, technically speaking it is decentralized but if they convince everyone, it is not that much decentralized is it? So I think bnb is really awesome and has a big potential even though it is centralized.

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April 17, 2021, 08:36:22 PM
 #93

BNB will remain popular until Ethereum changes the algorithm and reduces the cost of transaction fees.
Users will quickly get bored of token farming, and when token prices begin to fall, users will leave projects.
The only link between Binance Smart Chain and other blockchains is the Binance Chain Bridge. Imagine what kind of panic can happen if the bridge stops working. You will have to sell your tokens on the binance exchange (go through verification, etc.)

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April 17, 2021, 08:43:03 PM
 #94

At the moment a lot of people are investing in BNB and this coin has brought them a large profit.
BNB developers are very knowledgeable about the market and they know how to please investors, BNB will be ETH's biggest competitor in the next time.

Right now, they are just hitting the right spot because eth network has still high gas fees. And many devs as well as traders are going into BSC network. Wonder what will happen once eth resolved this main gas efficiency problem? But will be months from now. So enjoy the moment and let these devs use the BSC platform. Also, Binance is a top exchange, the reason why people are also trusting their network they deployed even if it is a centralized one.
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April 17, 2021, 09:40:54 PM
 #95

there is no doubt about the value proposition, solving many problems for now  that plagues the leaders means alot. if this continues, the value will keep rising as many people are  buying for long term. one addition that is helping it is the backing of the exchange which is currently ruling the crypto world. so  a lot of things are working well for its growth.

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April 17, 2021, 09:59:00 PM
 #96

While BNB appeals to the wider crypto users because the binance smartchain currently seem to have overcome the biggest issue that most cryptocurrency users have with bitcoin ethereum and the ERC 20 blockchain tokens. This problem is the speed of transaction and and the cost of transactions.
This is a problem  that BSC currently solves, and while a lot of people might argue that BNB is not a fully decentralized coin, i think it is worth noting that a lot of users dont care much for how decentralized  a coin or token is, they just want the solutions they it offers.
This is why i think BNB an the BSC will remain very valuable in years to come
BNB is an Exchange token.
BNB has managed to attract the attention of crypto players through the BSC.
BNB prices will remain valuable and will print new ATH when they do the Event (burn, launch).  During the madness, transaction fees that occur on the ETH network will continue to make BNB prices move up. Therefore, BNB deserves to be counted as a promising Coin for this year or the next year.

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April 17, 2021, 10:16:51 PM
 #97

While BNB appeals to the wider crypto users because the binance smartchain currently seem to have overcome the biggest issue that most cryptocurrency users have with bitcoin ethereum and the ERC 20 blockchain tokens. This problem is the speed of transaction and and the cost of transactions.
This is a problem  that BSC currently solves, and while a lot of people might argue that BNB is not a fully decentralized coin, i think it is worth noting that a lot of users dont care much for how decentralized  a coin or token is, they just want the solutions they it offers.
This is why i think BNB an the BSC will remain very valuable in years to come
That totally depends on the market and the project owner as well. If the developers will keep their promises to the investors, that we can expect the value of BNB will still be growing. And as long as the crypto market is still active and growing, definitely there is a big chance for that.
We don't have a 100% assurance for this but seem to be looking positive base on what we have seen this time and since its launching.

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April 17, 2021, 10:49:28 PM
 #98

I agree with you, because fees from BSC are cheaper than Ethereum, so that makes BSC more popular for now and of course now there are many projects that use blockchain from BSC, so I am sure that in the future the price of Binance will definitely increase very high and of course giving us a big profit from investing in Binance at this time (my prediction that the price of Binance will be at least $1000 by the end of this year).

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April 17, 2021, 11:17:19 PM
 #99

I guess many crypto user who will move their activity to use ERC 20 to Binance Smart Chain (BSC). Ethereum network is already busy especially when many people who make a DeFi system. So as it can affect to the fee transaction, as we all know the fee transaction is already high when using ERC 20.

Until now, I only use binance smart chain especially when I try to withdraw to money fiat. I only spend a tiny dollar for the fee transaction comparing to using ERC 20 that can reach almost $5-15 per on transaction. But, I doubt this situation will just for a while since the fee transaction is depend on the user itself. If many people use the BSC network then the fee transaction will increase as well.
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April 17, 2021, 11:26:03 PM
 #100

I acknowledge that Binance has solved Ethereum's transaction problems. And that's why thousands of people are joining the Binance network every day. But ethereum coins will not want to lose its reputation. As a result, Ethereum is trying to solve this problem and maybe this problem will be solved in a few months. So if everyone comes back to Ethereum network again, what will happen to BNB?
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